New Serbia highways on track for completion

Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km long.